The three basic functions of money are multiple choice 1 medium of exchange, record of account, and assessment of value. medium of exchange, unit of account, and store of value. account of exchange, medium of account, and store of value. medium of exchange, store of account, and unit of value. b. Rapid inflation can undermine money’s ability to perform its functions. During periods of runaway inflation, multiple choice 2 the value of money falls so money cannot serve as a measure of price. money cannot hold sufficient value to act as a medium of value. the future value of money cannot be predicted so money cannot act as a predictor of value. people often revert to barter because money fails as a medium of exchange.

Torino company has 1,300 shares of $50 par value, 6.0% cumulative and nonparticipating preferred stock and 13,000 shares of $10 par value common stock outstanding. the company paid total cash dividends of $3,500 in its first year of operation. the cash dividend that must be paid to preferred stockholders in the second year before any dividend is paid to common stockholders is:

Which represents a surplus in the market? a market price equals equilibrium price. b quantity supplied is greater than quantity demanded. c market price is less than equilibrium price. d quantity supplied equals quantity demanded.

Quick calculate the roi dollar amount and percentage for these example investments. a. you invest $50 in a government bond that says you can redeem it a year later for $55. use the instructions in lesson 3 to calculate the roi dollar amount and percentage. (3.0 points) tip: subtract the initial investment from the total return to get the roi dollar amount. then divide the roi dollar amount by the initial investment, and multiply that number by 100 to get the percentage. b. you invest $200 in stocks and sell them one year later for $230. use the instructions in lesson 3 to calculate the roi dollar amount and percentage. (3.0 points) tip: subtract the initial investment from the total return to get the roi dollar amount. then divide the roi dollar amount by the initial investment, and multiply that number by 100 to get the percentage.